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10865 W 68th Ave
About This Property
Beneath the carpet, original hardwood floors are waiting to be uncovered and brought back to life, adding instant warmth and character.
Behind the scenes, major improvements have already been taken care of. The kitchen drain was replaced in the basement, and the sewer line was scoped to the street in January 2026 with no issues. One less thing for a future homeowner to worry about!
Core systems have been thoughtfully updated, including a new furnace and central A/C in 2025, a water heater replaced in 2019, and a sprinkler system installed in 2020 with a gravity drain, meaning no seasonal blowouts required (a small detail that makes a big difference).
The unfinished basement offers excellent potential for future expansion, including space for a potential 4th bedroom. With the addition of an egress window and finishing, this level could significantly increase the home's livable space and functionality.
Outside, the yard has been designed with real-life functionality in mind. A separate dog run with artificial turf allows for easy cleanup, while an additional fenced-in yard space keeps the pet area distinct, creating a clean, usable space for kids, entertaining, or simply enjoying the outdoors.
Additional updates include a newer garage door opener (2023), mudjacked garage slab for improved stability (2023), and epoxy-coated concrete patios in both the front and back (2024), creating clean, usable outdoor spaces.
The roof was replaced in 2011, exterior paint completed in 2018, and the washer and dryer are included, making this a move-in ready option with thoughtful improvements already in place.
This home presents a strong opportunity in Arvada for buyers who value both location and long-term livability.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017